Venus Pipes & Tubes Ltd

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 16% and profit rose 4% from a year earlier.
• DilutionSome dilutionIssued 22.3 lakh new shares in the last year, raising ₹372 Cr.
• PromotersSteadyThe promoters (founders or parent) own 48% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 35.4 times its yearly earnings (P/E), cheaper than 53% of the time in the last 4 years. Its usual P/E is about 37.

Venus Pipes & Tubes Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)35.4 against a typical 18.9: pricier than most peers (1st = cheapest).113th of 146
• Sales growth+16.3% against a typical +13.1% from a year earlier.54th of 117
• Profit growth+4% against a typical +26.2% from a year earlier.68th of 105
• Share price, 3 months+4.4% against a typical −3.8%.39th of 135

Exchange filings and their impact on the company.

• 27 Oct 2026Allotment of SecuritiesHigh impactPositivePrice +4.8% that day
  Venus Pipes allotted 22.3 lakh shares at Rs 1,670 to raise Rs 372 cr, boosting net worth ~56% with ~10.6% dilution.

  Venus Pipes & Tubes allotted 22,27,544 equity shares at Rs 1,670 per share on a preferential basis on October 27, 2026, raising about Rs 372 crore. The issue was done under SEBI ICDR Chapter V following board approvals in September-October 2026. The infusion significantly strengthens the balance sheet and provides funds for growth and debt reduction, with about 10.6% dilution to existing shareholders.

  Full analysisFiling
• 20 Oct 2026Commencement of commercial production/operationsLow impactPositivePrice +0.1% on 21 Oct
  Venus starts commercial pipe spooling production, adding a new value-added revenue stream.

  Venus Pipes & Tubes has started commercial production of pipe spooling on October 20, 2026. The filing gives no capacity, investment or order figure. The new value-added line should support incremental sales and margins as it ramps up over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.